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Live Energy Minerals Announces Amending Agreement with US Critical Metals for McDermitt East Lithium Project
Newsfile· 2025-10-17 21:13
Core Points - Live Energy Minerals Corp. has entered into an amending agreement with US Critical Metals Corp. to restructure the existing agreement related to the McDermitt East Lithium Project [1][2] - The new agreement allows USCM/USEM to acquire a 100% interest in the project through a series of payments, while Live Energy will retain a 2% Net Smelter Returns royalty on future production [2][8] - Live Energy has received 167,000 common shares of USCM as part of the agreement to extend certain exploration payment deadlines [3] Company Overview - Live Energy Minerals Corp. is focused on exploring clean energy minerals in North and South America, holding interests in various projects including uranium, vanadium, and molybdenum [4] - The company aims to create shareholder value by combining quality projects with proven exploration strategies [4]
Live Energy Minerals Announces Stock Option Grant
Newsfile· 2025-10-14 01:00
Group 1 - Live Energy Minerals Corp. has granted 1,800,000 stock options to directors and consultants, exercisable at $0.11 per share for five years [1] - The stock options vest immediately and are subject to a statutory hold period of four months and one day from the issuance date [1] - The stock option plan was approved by shareholders on May 9, 2024 [1] Group 2 - LIVE Energy Minerals Corp. is focused on exploring clean energy minerals in North and South America [2] - The company holds applications for a 100% interest in uranium, vanadium, and molybdenum projects in the Colorado Plateau, USA [2] - LIVE also retains an interest in the McDermitt Lithium East Project in Nevada, USA [2]
USCM Amends McDermitt East Option Agreement to Provide for Acquisition of 100% Interest in the Project
Newsfile· 2025-10-07 11:00
Core Viewpoint - US Critical Metals Corp. (USCM) has amended its agreement to acquire a 100% interest in the McDermitt East Lithium Project, enhancing its position in the North American critical minerals sector and aligning with U.S. government priorities to reduce reliance on foreign supply chains [1][3]. Company Overview - USCM, through its subsidiary US Energy Metals Inc. (USEM), is focused on securing U.S. supply chains for critical metals and rare earth elements, with interests in multiple projects across the U.S. [11]. Project Details - The McDermitt East Lithium Project is located in the McDermitt Caldera, a significant lithium district in North America, which is home to some of the largest lithium deposits, including the Thacker Pass project [1][8]. - Previous sampling results at McDermitt East indicated lithium concentrations of up to 2,129 ppm, highlighting its potential as a vital lithium source [2]. Transaction Terms - Under the amended agreement, USCM will make an initial payment of C$25,000 and issue 1,283,000 common shares valued at $0.30 to acquire the first 50% interest, followed by a final payment to secure the remaining 50% [5][6]. - The agreement includes a 2% Net Smelter Return (NSR) royalty in favor of the original stakeholders, with an option for USCM to repurchase 1% of the NSR for CAD $1,000,000 [6]. Management Commentary - The CEO of USCM emphasized that this transaction marks a significant milestone, reinforcing the company's commitment to building a portfolio that supports U.S. supply chains and critical mineral independence [3].
USCM Announces Extension of Option Agreement for McDermitt East Lithium Project Amid Government Interest in Thacker Pass
Newsfile· 2025-09-25 11:00
USCM Announces Extension of Option Agreement for McDermitt East Lithium Project Amid Government Interest in Thacker PassSeptember 25, 2025 7:00 AM EDT | Source: US Critical Metals Corp.Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - US Critical Metals Corp. (CSE: USCM) (OTCQB: USCMF) (FSE: 0IU) ("USCM" or the "Company") is pleased to announce that it has received a six-month extension (the "Extension") to satisfy its obligations that were due on the second year anniversary ...
Boksburg Ventures Inc. Announces Name Change to Bighorn Metals Corp., Appoints Kostantinos Tsoutsis as Chief Executive Officer, Kevin Cornish as Corporate Secretary and Reno Calabrigo as a Director
Thenewswire· 2025-07-21 21:00
Company Overview - Boksburg Ventures Inc. will change its name to Bighorn Metals Corp. effective July 22, 2025, to better align with its evolving business strategy and focus [1] - The Company holds an option to acquire the Loljuh Property in British Columbia, covering 1,656.73 hectares, which is prospective for porphyry copper-gold mineralization [10] Management Changes - Mr. Konstantinos "Kosta" Tsoutsis has been appointed as the new CEO, succeeding Mr. Johannes (Theo) van der Linde [3] - Mr. Kevin Cornish will serve as Corporate Secretary, and Mr. Reno Calabrigo has been appointed as a Director [3] - Mr. Tsoutsis has over 20 years of experience in finance and capital markets, having raised over CDN$30 million for various enterprises [4] - Mr. Calabrigo has a strong background in resource development and corporate finance, having overseen significant projects and secured over USD $10 million in project financing [6][7] Stock Options - The Company has granted Mr. Tsoutsis and Mr. Calabrigo each 25,000 stock options, exercisable at $0.25 per common share, expiring four years from the date of issuance [8][9] Recent Developments - Geochemical work in 2019 identified areas of anomalous gold and copper in soil on the Loljuh Property, with rock sampling returning significant values [11] - Recent work on the property included geological prospecting, mapping, and sampling across various grids [12]